Negative equity — occurs when the value of an asset used to secure a loan is less than the outstanding balance on the loan.[1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being… … Wikipedia
negative equity — refers to a situation when the value of your property falls below the figure of the mortgage/loan taken out to buy it. Financial Services Glossary * * * negative equity negative equity ➔ equity * * * negative equity UK US noun [U] UK ► PROPERTY,… … Financial and business terms
negative equity — noun The situation, caused by a fall in house prices, in which a person owns property that is worth less than the value of his or her mortgage • • • Main Entry: ↑negate * * * noun [noncount] : a situation in which the amount of money that a… … Useful english dictionary
negative equity — n [U] BrE a situation in which someone owes more money on a ↑mortgage (=arrangement to borrow money to pay for a house) than they would receive if they sold their house … Dictionary of contemporary English
negative equity — noun uncount a situation in which your house has lost value and is now worth less than the amount you are paying as a MORTGAGE … Usage of the words and phrases in modern English
negative equity — 1) The difference between the value of a property (usually residential) and the outstanding amount borrowed against it where the latter is the greater. For example, if a property s current market value is £200, 000 and the borrowing against it is … Big dictionary of business and management
negative equity — N UNCOUNT If someone who has borrowed money to buy a house or flat has negative equity, the amount of money they owe is greater than the present value of their home. [BRIT] … English dictionary
negative equity — owing more on an asset than it is worth Particularly of mortgages on dwellings: Their mortgage was £60,000... They were not quite negative equity but damn near. (Seymour, 1995) … How not to say what you mean: A dictionary of euphemisms
negative equity — ➡ mortgages * * * … Universalium
negative equity — noun a) The amount by which the market value of a property falls below the amount of the mortgage secured upon it. b) The situation in which a property is worth less than its mortgage … Wiktionary
